Dollar, Treasury yields higher after payrolls

DeborahLevine

SAN FRANCISCO (MarketWatch) -- The dollar extended gains and Treasury prices fell on Friday after the Labor Department said the U.S. economy added 171,000 jobs in October, more than economists expected. The unemployment rate rose to 7.9%. Yields on 10-year notes
TMUBMUSD10Y, +2.28%
which move inversely to prices, rose 5 basis points to 1.78%. The dollar index
DXY, +0.55%
which measures the U.S. unit against a basket of six major currencies, rose to 80.398, from 80.303 before the data and compared with 80.052 in North American trade late Thursday. The euro
EURUSD, -0.7441%
extended its loss to $1.2874 from $1.2941 Thursday. The euro hasn't closed below $1.29 since Sept. 28, according to FactSet.

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